UAS Traffic Management Company Unifly Attracts New Investment

Posted by Betsy Lillian on November 22, 2016 No Comments

Unifly, an unmanned aircraft systems (UAS) traffic management (UTM) software company based out of Belgium, has inked a new EUR 5 million investment.

Along with Qbic and PMV, Terra Drone – a Japanese drone operator and system integrator – has provided the capital, which will be used to accelerate Unifly’s growth. The newest financing brings the company’s total external funding to EUR 6.3 million.

A spin-off of VITO, a research and technology organization in Europe, Unifly first launched in August 2015.

Since the company launched its software in April of this year, it has seen 1,000 registered users (30% from outside Europe).

Unifly has also joined global initiatives such as the Global UTM Association and ISO to develop standards for UTM.

“We are very proud and excited to have been able to attract Terra Drone as an investor,” comments Marc Kegelaers, CEO of Unifly. “Not only do they bring us the resources enabling us to accelerate our growth significantly – they will also be instrumental to opening up the market for us in the [Asia-Pacific] region.”

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